Crypto whale closes 760 BTC short for $266,000, then opens 40x long worth $69.2 million

  • An anonymous 0xccf3 wallet closed a 760 BTC short and opened a 40x long.
  • $266,000 was realized from the short, while the long showed $173,000 unrealized profit.
  • Lookonchain reported the 900 BTC long at an average entry price of $76,758.

An anonymous whale wallet beginning with 0xccf3 closed a 760 BTC short position worth $58.4 million about an hour ago, earning a realized profit of $266,000. It then opened a 40x leveraged long position worth 900 BTC, or $69.2 million, at an average entry price of $76,758. The long was showing approximately $173,000 in unrealized profit when Lookonchain reported the transactions on X.

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